29 Ernest Avenue, Toronto, ON

Pleasant View, Toronto · MLS® C13560374

$1,399,900
For Sale
Listed 3 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

This is a rare opportunity to acquire a quality custom-built Italian home, proudly owned and meticulously maintained by its original owners in the Pleasant View Neighborhood. Homes of this caliber are hard to find, offering exceptional craftsmanship, solid construction, with approx. 5000 sf of finished living space. Every principal room is generously sized, beginning with an impressive grand 2 storey foyer featuring double-door entry from the covered front porch with a stunning open oak staircase extending to the beautifully finished lower level in-law suite with separate entrance through the service staircase from the basement leading to the oversized spacious garage with extra high ceiling, Sparkling hardwood flooring flows throughout much of the home, enhancing its timeless appeal. Situated in a highly desirable North York neighborhood, the property rests on a wonderful premium pool sized pie-shaped lot with several fruit trees & grape vines and features a full-width concrete veranda with a spacious cold cellar below, as well as a covered front porch entrance. Please note that this home is now completely vacant & awaiting proud new ownership. This property represents an outstanding opportunity to own a well-built, custom residence with exceptional space & character.

Key facts

Property type
Detached, 2-Storey
MLS®
C13560374
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
54 × 132 ft
Cross streets
Finch/404/Victoria Park
Parking
2 garage · 6 parking (attached)
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$9,591 / 2026
Days on market
3
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Bedroom 3Second3.90 × 3.66 m

hardwood floor · double closet · picture window

Bedroom 4Second3.40 × 3.40 m

hardwood floor · double closet · picture window

KitchenMain5.80 × 4.65 m

w/o to balcony · b/i oven · breakfast area

DenLower3.55 × 3.10 m

Tile Floor

FoyerMain6.50 × 3.85 m

double doors · open stairs · tile floor

WorkshopLower3.70 × 2.50 m
Cold Room/CantinaLower10.95 × 2.20 m

Above Grade Window

KitchenLower3.75 × 3.40 m

open concept · tile floor · above grade window

FoyerLower5.40 × 4.35 m

open stairs · tile floor

Family RoomMain6.40 × 3.85 m

hardwood floor · fireplace · w/o to balcony

RecreationLower10.20 × 7.70 m

open concept · fireplace · above grade window

Dining RoomMain3.80 × 3.45 m

hardwood floor · combined w/living · large window

Bedroom 2Second3.85 × 3.80 m

hardwood floor · double closet · picture window

LaundryMain2.60 × 1.70 m

tile floor · window · laundry sink

Living RoomMain5.10 × 3.80 m

hardwood floor · picture window · french doors

Primary BedroomMain5.50 × 3.85 m

5 pc ensuite · walk-in closet(s) · hardwood floor

Furnace RoomLower5.45 × 3.30 m

tile floor · above grade window · laundry sink

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.07Mest. value

Listed at $1,399,900, this home is about 32% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Pleasant View, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.19M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.19M
  • Size difference +$322K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.56M

That comparable adjusts to $1.56M; the $2.07M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Pleasant View Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Van Horne Ave at Edmonton Dr is about a 3-minute walk away.

List price
$1.40MGreat deal$2.31MOverpriced

Total price vs nearby homes. Fair value about $2.07M, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Weigh carefully
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.77Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

39 Cadillac Avenue$1.25M84 Fred Young Drive$1.80M59 Princemere Crescent$1.74M18 Thatcher Avenue$1.98M20 Mossgrove Trail$2.09M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.40MThis home1.25M1.80M1.74M1.98M2.09MThis home vs active comparables
Live market pulseActive comparables in Pleasant View · median list $1.27M
$431this home / sqft
7active listings nearby
3days on market

2 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Pleasant View, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

61/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Van Horne Ave at Edmonton Dr, about 270 m away

20+ transit stops6 grocery20+ dining20+ parks7 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wexford-Maryvale
$865K
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Cliffcrest
$1.51M
High Park-Swansea
$4.99M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Pleasant View Middle School
78%
Pleasant View Middle SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 78% meet the provincial standard
Ernest Public SchoolEQAO results not published
St. KateriEQAO results not published

Affordability & Mortgage

Affordability
$6,380/mo
$273KIncome needed
5.1×Price ÷ income
$1,472Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

89%mortgage
Mortgage $6,380Property tax $799Total carry $7,180

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,976per month

Mortgage amount $1,119,920 · 4.14% over 25 years

$279,980Down payment (20.0%)
$1,119,920Loan before insurance
$0CMHC premium
$6,776Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,976
Property tax
$799
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,776

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24,473
Toronto municipal land transfer tax
$24,473
Estimated closing costs
$48,946

Plus your down payment of $279,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,259/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$672,973Total interest paid
$1,792,893Total of all payments
Principal $1,119,920 Interest $672,973
YearPrincipalInterestBalance
1$26,236$45,480$1,093,684
2$27,333$44,382$1,066,351
3$28,477$43,239$1,037,874
4$29,668$42,048$1,008,207
5$30,909$40,807$977,298
6$32,202$39,514$945,096
7$33,548$38,167$911,548
8$34,952$36,764$876,596
9$36,414$35,302$840,182
10$37,937$33,779$802,246
11$39,524$32,192$762,722
12$41,177$30,539$721,545
13$42,899$28,816$678,646
14$44,694$27,022$633,952
15$46,563$25,153$587,389
16$48,511$23,205$538,878
17$50,540$21,176$488,338
18$52,654$19,062$435,684
19$54,856$16,859$380,828
20$57,151$14,565$323,677
21$59,542$12,174$264,135
22$62,032$9,684$202,103
23$64,627$7,089$137,476
24$67,330$4,386$70,146
25$70,146$1,569$0

At the end of your 5-year term

Total paid over the term
$358,579
Principal paid down
$142,622
Interest paid
$215,956
Balance remaining
$977,298

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
4.0%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.4%
Gross yield
− Property tax $9,591− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,293

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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